Q.Write a letter to the debenture holder regarding payment of interest through Interest Warrant.

This is a correspondence question. The Company Secretary writes to a debenture holder informing them that the interest due on their debentures is being paid through an enclosed interest warrant, giving the amount and period, and asking them to encash it. A properly formatted specimen letter is the answer.

Debentures carry a fixed rate of interest payable at regular intervals whether or not the company earns profit. An interest warrant is an instrument, similar to a cheque, by which the company pays interest to debenture holders. The secretary sends it with a covering letter.

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